DPMS Panther Arms
Encyclopedia
DPMS Panther Arms manufactures a wide range of military and civilian rifle
Rifle
A rifle is a firearm designed to be fired from the shoulder, with a barrel that has a helical groove or pattern of grooves cut into the barrel walls. The raised areas of the rifling are called "lands," which make contact with the projectile , imparting spin around an axis corresponding to the...

s in St. Cloud, Minnesota
St. Cloud, Minnesota
St. Cloud is a city in the U.S. state of Minnesota and the largest population center in the state's central region. The population was 65,842 at the 2010 census. It is the county seat of Stearns County...

. The rifles are chambered for the .223 Remington
.223 Remington
The .223 Remington is a sporting cartridge with almost the same external dimensions as the 5.56×45mm NATO military cartridge. The name is commonly pronounced either two-two-three or two-twenty-three. It is loaded with a diameter, jacketed bullet, with weights ranging from , though the most common...

, 5.56x45mm NATO
5.56x45mm NATO
5.56×45mm NATO is a rifle cartridge developed in the United States and originally chambered in the M16 rifle. Under STANAG 4172, it is a standard cartridge for NATO forces as well as many non-NATO countries. It is derived from, but not identical to, the .223 Remington cartridge...

, .308 Winchester
.308 Winchester
The .308 Winchester is a rifle cartridge and is the commercial cartridge upon which the military 7.62x51mm NATO centerfire cartridge is based. The .308 Winchester was introduced in 1952, two years prior to the NATO adoption of the 7.62x51mm NATO T65...

, .260 Remington
.260 Remington
The .260 Remington cartridge was introduced by Remington in 1997. Many wildcat cartridges based on the .308 Winchester case had existed for years before Remington standardized this round...

, .300 Remington SA Ultra Mag
.300 Remington SA Ultra Mag
.300 Remington Short Action Ultra Magnum is a .30 caliber short magnum cartridge that was put on the market shortly after Winchester released its 300 WSM round in 2001.-Performance:...

, 6.8mm Remington SPC, and .204 Ruger
.204 Ruger
The .204 Ruger is a centerfire rifle cartridge developed by Hornady and Ruger. At the time of its introduction in 2004, the .204 Ruger was the highest velocity commercially produced ammunition, and the only cartridge produced commercially for bullets of .204 inch/5 mm caliber.-Characteristics:The...

 cartridges
Cartridge (firearms)
A cartridge, also called a round, packages the bullet, gunpowder and primer into a single metallic case precisely made to fit the firing chamber of a firearm. The primer is a small charge of impact-sensitive chemical that may be located at the center of the case head or at its rim . Electrically...

, among others. The company also manufactures several unorthodox rifles based on the AR-15
AR-15
The AR-15 is a lightweight, 5.56 mm, air-cooled, gas-operated, magazine-fed semi-automatic rifle, with a rotating-lock bolt, actuated by direct impingement gas operation. It is manufactured with the extensive use of aluminum alloys and synthetic materials....

 design, including pump-action and single-shot models, and also licenses the M16A1 Spring Airsoft
Airsoft guns
Airsoft guns are replica firearms that shoot plastic pellets by way of compressed gas or electric and/or spring-driven pistons...

 Rifle produced by Soft Air.

The company attracted attention within the firearms industry with its version of the AR-10
AR-10
The AR-10 is an American 7.62 mm battle rifle developed by Eugene Stoner in the late 1950s at ArmaLite, then a division of the Fairchild Aircraft Corporation...

, the "Panther LR-308", earning the NRA Publication's magazine "Shooting Illustrated" 2005 Golden Bullseye Award for Rifle of the Year. In 2006 the "Panther LR-308AP4" earned the NRA Publication's magazine "American Rifleman" Golden Bullseye Award for "Rifle of the Year". In 2008, DPMS introduced the LR-338 chambered in the .338 Federal
.338 Federal
The .338 Federal is a rifle cartridge based on the .308 Winchester case necked up to .33 caliber. It was created by Federal Cartridge and Sako in 2006 and intended as a big game cartridge with reasonable recoil for lightweight rifles.-Comparison:...

 cartridge.

DPMS Panther Arms was acquired by the private investment firm Cerberus Capital Management
Cerberus Capital Management
Cerberus Capital Management, L.P. is one of the largest private equity investment firms in the United States. The firm is based in New York City, and run by -year-old financier Steve Feinberg. Former U.S...

 as of Dec. 14th, 2007,. Cerberus combined DPMS with Bushmaster Firearms International, Remington Arms
Remington Arms
Remington Arms Company, Inc. was founded in 1816 by Eliphalet Remington in Ilion, New York, as E. Remington and Sons. It is the oldest company in the United States which still makes its original product, and is the oldest continuously operating manufacturer in North America. It is the only U.S....

 and Cobb Manufacturing to form the Freedom Group
Freedom Group
Freedom Group is an American firearms manufacturer holding company which has acquired notable brands such as Bushmaster, DPMS, and Remington Arms.Freedom Group is owned by Cerberus Capital Management, a private equity investment firm.-Companies:...

.

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